Total Annual Cost Clause Samples
The 'Total Annual Cost' clause defines the maximum amount payable by one party to another over the course of a year under the agreement. It typically specifies what expenses, fees, or charges are included in this total, such as service fees, maintenance costs, or other recurring payments, and may outline how the total is calculated or adjusted. This clause ensures both parties have a clear understanding of the financial commitment involved, helping to prevent disputes over unexpected or hidden costs.
Total Annual Cost. The total annual financing cost expressed as annual percentage that, for information and comparison purposes, incorporates all the costs and expenses inherent to the Credit (hereinafter, the "TAC”), amounts to the percentage indicated in the Cover of the initial Credit Contract. The CLIENT acknowledges that ▇▇▇▇▇▇▇▇, prior to the conclusion of the Contract, informed him/her of the TAC.
Total Annual Cost. THE CREDITOR made known
Total Annual Cost. The total annual cost of funding expressed in terms of the percentage per year that, for informational purposes and comparison, it incorporates the entirety of the costs and expenses inherent in the Credit (hereinafter, the “CAT”), is the percentage indicated on the Cover. The ACCREDITED exposes the ACREDITANTE, prior to the conclusion of the Contract of Credit, made of his knowledge the CAT.
Total Annual Cost. The annualised cost of the radio and dispatch building capital costs, and related Transition and Start-up Costs, based on financing rates and terms secured by E-Comm. As well, the total annual cost allocated using this model includes the annual cost of Radio System Infrastructure operating and maintenance costs, and a share of the annual cost of E-Comm overhead and administration.